Removal from the West Bromwich Mortgage Company and other lender panels: Why they do it and how to get reinstated
- West Bromwich Mortgage Company may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Significant non-compliance with post completion requirements on behalf of West Bromwich Mortgage Company
- Non-compliance with the West Bromwich Mortgage Company panel terms, the written instructions that West Bromwich Mortgage Company provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which West Bromwich Mortgage Company may subsequently adopt.
- Breaches of West Bromwich Mortgage Company conveyancing panel requirements
- Failure to reapply to be on the West Bromwich Mortgage Company convincing panel
Questions West Bromwich Mortgage Company panel reinstatement firms ask us
- How long does the application process take when applying to revert back onto the West Bromwich Mortgage Company conveyancing panel?
- Is there a limit to the amount of times my firm can submit applications to be reinstated on the West Bromwich Mortgage Company conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the West Bromwich Mortgage Company conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel submission with West Bromwich Mortgage Company is rejected?
- Is there a charge to be reinstated onto the West Bromwich Mortgage Company conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking West Bromwich Mortgage Company panel reinstatement is to ensure that your firm is not removed off of the West Bromwich Mortgage Company conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the West Bromwich Mortgage Company conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to West Bromwich Mortgage Company directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the West Bromwich Mortgage Company conveyancing panel.